France opens probe into BNP Paribas over its role in Sudan By Reuters

2/2
© Reuters. The BNP Paribas logo is seen at a branch in Paris

2/2

PARIS (Reuters) – Paris prosecutors have opened an investigation into French bank BNP Paribas (OTC:) over allegations of complicity in crimes against humanity in Sudan, a lawyer and Paris-based International Federation for Human Rights (FIDH) said on Thursday.

The probe comes after nine Sudanese plaintiffs, who said they have been victims of rights abuses by ousted Sudanese President Omar al-Bashir’s former government of Sudan, filed a legal complaint last year against BNP Paribas.

The plaintiffs allege the French bank was complicit in crimes against humanity because it provided financial services for the Sudanese government.

They argue that in a U.S. sanctions violations case the U.S. Department of Justice described BNP Paribas as Sudan’s de facto central bank from 1997 to 2007 because it gave the Sudanese government access to international money markets, and the means to pay staff, the military and security forces.

Conflict in Sudan’s Darfur region ignited in 2003 where Sudanese forces waged a campaign of violence that killed more than 300,000 people.

The International Criminal Court in The Hague has since characterized the campaign as war crimes, crimes against humanity and genocide.

Bashir was indicted by the International Criminal Court in 2009 and 2010 for crimes against humanity.

“This is what we were waiting for. We filed this complaint a year ago against the bank for complicity in genocide and crimes against humanity,” Clemence Bectarte, a lawyer for the plaintiffs, said.

FIDH said on Twitter it helped the plaintiffs to file the complaint.

BNP Paribas said the bank had no information regarding the proceedings and was therefore not in a position to comment.

The Paris prosecutors’ office didn’t respond to requests for comment.

Earlier in 2017, French judicial investigators opened a full-scale inquiry into allegations of complicity in the 1994 Rwandan genocide. In that case BNP Paribas is accused by non-governmental organisations of complicity over a transfer of $1.3 million to an arms dealer.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*